Word: autos
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...York City has largely avoided the economic downturn that has hit a good portion of the rest of the country. Unemployment is still a mild 5.8%, compared with 6.1% nationally. That's because many of the problems the U.S. economy has run into - plunging housing prices, rising foreclosures, shrinking auto industry jobs - are mostly absent in New York City...
...developers can quickly eliminate bugs and add bells and whistles, like the ability to insert headers, footers and pagination (all of which were recently added to Zoho Writer). The programs still feel simple to use, so you'll never feel overwhelmed, and you can edit worry-free, since auto-saving features ensure that you won't lose any work you haven't saved...
...more growth trajectory, thanks in part to the introduction of three popular new platforms. The $50 billion industry hasn't been around long enough for other recessions to provide a guide as to how it will fare. (People got through the Great Depression just fine without Grand Theft Auto). But, as a bang-for-your-buck form of entertainment, gaming seems likely to maintain its upward trend. "It's cavalier for me to say games won't be impacted at all, but games won't be impacted at all," says Pachter. "Maybe it will dent growth a little...
Terrible sales, however, are only one part of the many difficulties that have engulfed American carmakers. GM, Ford and Chrysler, are also facing monumental financial challenges that have left them with poor credit ratings, making it prohibitively expensive to raise cash to finance auto sales...
...increasingly view such a rally as potentially tenuous," said J.P. Morgan's Himanshu Pate in a recent note to investors still hanging on to shares trading at historic lows. That no longer includes Kirk Kerkorian. The Los Angeles mogul, who has made a fortune buying and selling auto stocks over the past two decades, dumped his big block of Ford shares at a substantial loss, saying there was more opportunity in gambling...